Pages

All content is (c) Texas Online Radio ~ 2011 or respective artist. / Not available for reprint or circulation without proper approval and/or syndication rights. Site best viewed full screen. F11 ~ If you'd like to leave a comment, click on the post header or scroll to the bottom of the post. Take your time, enjoy the site! Thanks.

Words of Wisdom

"Time is what we want most, but what we use the worst."

~William Penn

Monday, August 08, 2011

Breaking News!! Standard and Poor's downgraded as a rating agency!

(Texas Online Radio~8/8/2011) On the heels of S&P's downgrade of US debt, the oversight committee here at Texas Online Radio has downgraded the rating of the rating agency to D-. This is the same "rating agency" that has missed the call on every economic "bubble" of the last several decades.

Let's take a look over the next several days as to who S&P is, who's on their boards, and most importantly...who pays them.

The United States is still the best place on the planet to be, we have our problems, but to have a single "rating agency" have the power to basically hold our economy hostage, it deserves a look.